How General Electric gambled on fossil fuel power, and lost
Last March, executives at General Electric Co’s power-plant business gave Wall Street a surprisingly bullish forecast for the year. Despite…
Black Sea gas and international expansion are the answers for the future of OMV Petrom
Over the past 12 years, the company has invested over 13 billion euros, said Mariana Gheorghe, CEO of OMV Petrom,…
Petru Ion Văduva to be named CEO at Chimcomplex Borzesti
Petru Văduva, former general manager of Transgaz, will become CEO of Chimcomplex Borzeşti, after the company will take over the…
EU’s Vestager says in talks with Gazprom for ending the antitrust investigation
The EU’s competition supervisor is discussing the outcome of market feedback with Russian gas supplier Gazprom following “critical” comments from…
Gazprom to raise South Stream Serbia capital by 15 mln. euro
Russia’s Gazprom said on Monday its board of directors has approved the subscription of a 15.46 million euro ($19.2 million)…
Romgaz expects additional expenses of up to 30 million lei with royalties in 2018
In the conference call to discuss the 2017 preliminary financial results, Romgaz officials estimated to 24-30 million lei the additional…
The Intelligent Energy Association launched a civic initiative to rewrite the Natural Gas Network Code
In a conference organized last Thursday by the Intelligent Energy Association and online publication www.energy-center.ro, Dumitru Chisăliță, one of the…
Trump nominee for key U.S. energy post says would oppose Russia pipeline
U.S. President Donald Trump’s nominee for a top State Department energy position said on Thursday he would oppose Russia’s proposed…
ExpoEnergiE 2018 – The Event of the Energy Industry Specialists
ExpoEnergiE – International trade fair for renewable energy, conventional energy, equipment and technologies for the oil and natural gas industry takes…
Harald Kraft: All members of ROPEPCA paid the royalty at the selling price, not at the reference from NAMR
With regard to the amounts calculated by the Court of Auditors as being unpaid in the last years on account…
The cost of adopting the Vienna price as a reference exceeds the potential gains (opinion by Dumitru Chisăliță)
Dumitru Chisăliță Romania has indirectly made a rule, through a regulatory decision, from what an ANRM official have said a…